I am taking this little dip in the market to get out of my short position near break even. I will look to recharge on the short side if we get closer to 1280. Even then, I doubt we'll go down more than 25 points so 1255 should hold. Playing short is a mug's game in a bull market. The put call ratios are low and have been for a long time.
Welcome to the bull! We have to get away from the bear market sideways market playbook. This is a very strong market, and we need to adjust to the new action. I will play short much more carefully and I will be a buyer of all dips.
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taking my first short on ES in a long time at ES 1270....lets see where is the bull
the bull started 2 years ago
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